Check out the companies making headlines before the bell: Target — The retail giant surged more than 3% after better-than-expected fourth-quarter earnings. Target’s adjusted earnings per share were $2.44, beating the $2.16 expected by analysts surveyed by LSEG. Revenue was $30.45 billion, slightly below consensus. Best Buy — The electronics retailer rebounded more than 9% after Best Buy posted adjusted earnings per share of $2.61 in the fourth quarter. This beat the $2.47 earnings per share expected by analysts surveyed by LSEG. Revenue was $13.81 billion, below the consensus estimate of $13.88 billion. HOLD — The Swiss sneaker maker fell nearly 10% after its 2026 guidance disappointed investors. On Holding expects net sales to increase by at least 23% on a constant currency basis, which would mean sales of at least CHF 3.44 billion at spot rates. This falls short of the consensus estimate of CHF3.7 billion. However, the company reported record sales and improved profitability in 2025, with fourth-quarter net sales exceeding expectations. MongoDB — This software development company plummeted more than 26%. MongoDB said it expects first-quarter adjusted earnings per share of $1.15 to $1.19 and revenue of $659 million to $664 million. Analyst estimates compiled by LSEG were for first-quarter earnings of $1.21 per share and revenue of $662 million. Plug Power — Hydrogen and fuel cell developer Plug Power soared more than 10% after reporting strong fourth-quarter sales. Plug Power posted an adjusted loss of 6 cents per share in the period, more than the 10 cents per share loss expected by analysts surveyed by LSEG. The company’s sales were $225 million, exceeding expectations of $218 million. Credo Technology — Shares fell more than 10% after fourth-quarter non-GAAP gross margin estimates ranged from 64% to 66%, compared to LSEG’s consensus estimate of 65.1%. Credo, a provider of Ethernet connectivity solutions, reported third-quarter profit and revenue that beat analysts’ expectations. Dave — The fintech company’s stock soared more than 6% after Dave provided strong full-year guidance. Dave said he expects adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) to be between $290 million and $305 million, higher than the $252.7 million expected by analysts compiled by FactSet. Dave also guided for full-year sales of between $690 million and $710 million, significantly higher than the $637.6 million expected by analysts according to FactSet. Tidewater – Shares rose 1.3% after Tidewater, a provider of marine service vessels to the energy industry, raised its full-year outlook. The company expects sales to be in the range of $1.43 billion to $1.48 billion, taking into account the acquisition of Wilson Sands UltraTug Offshore. This is up from the previous range of $1.32 billion to $1.37 billion. The outlook also beat the FactSet consensus call of $1.36 billion. Archer Aviation – developer of electric vertical take-off and landing aircraft, shares fell 4.5%. Archer expects first-quarter adjusted loss before interest, taxes, depreciation and amortization to be between $160 million and $180 million. This is larger than the FactSet consensus estimate of a loss of $112.1 million. —CNBC’s Michelle Fox, Darla Mercado and Pia Singh contributed reporting
